Wazir Advisors

Several fashion and lifestyle brands report a 10% to 20% decrease in business in the last three months compared to the same months last year as consumers cut down discretionary spends Mumbai: Fashion brands across the board are reporting tepid...

It’s been three months since the World Health Organisation declared the COVID-19 outbreak to be a ‘Public Health Emergency of International Concern’. Despite continued efforts by governments and organisations across the world, the virus continues to spread unabated. With...

The global textile and fashion industry was one of the worst hit sector by the ongoing coronavirus pandemic. Since its outbreak in December 2019 in China, we have seen retailers progressively closing doors as the global spread of the...

Retail and business management consultant Wazir Advisors have released a report that outlines a sharp fall in apparel consumption in the USA and European countries. Globally, new COVID-19 cases are projected to reach the acme between the time frame...

“Global textile and apparel industry is going through disruptive times. Buyers are looking to diversify beyond China and opening opportunities for other countries. However, China is still disrupting the global value chain and investing in emerging manufacturing destinations like...

For years now, futurists have predicted that robots will take over every aspect of human life, lending a helping hand in literally every single field. While the vision hasn’t materialized at the pace at which it was originally predicted,...

For years now, futurists have predicted that robots will take over every aspect of human life, lending a helping hand in literally every single field. While the vision hasn’t materialized at the pace at which it was originally predicted,...

Alma Mater Store, India's largest customized apparel brand has received commitment for funding of US$ 200,000 from Harminder Sahni, Managing Director, Wazir Advisors. Being the first one to bring the concept of customized apparels, Alma Mater Store is led by...

Italian luxury group Ermenegildo Zegna and Reliance Brands have collectively picked up an equity stake in homegrown fashion designer Raghavendra Rathore. The deal is the first such investment by a global luxury brand in a domestic fashion label. Rathod -...

Contrary to popular perception about women being on shopping spree, it is the men who hold 41.7 percent share of the Indian apparel market followed by women at 37.5 percent and kids wear at 20.8 percent, according to Indian...